Our contemporary financial markets are under review, as they always have been. As markets and technology advance, so does the market’s ability to respond to new requirements from end-user customers, regulatory change, more accurate methods and generally better systems and processes.
The Bank for International Settlements released its proposed code of conduct for the foreign exchange trade market late last week, and drew praise from a number of market participants.
The four industry veterans leading the development of the BIS FX Global Code of Conduct have stated that the Code will evolve with the market at an event organized by the ACI Financial Markets Association in New York on May 26.
The first phase of the BIS FX Global Code of Conduct was published on Thursday 25th May. The full document spans 30 pages and provides comprehensive guidance on key areas of the FX market including market ethics, information sharing, execution costs, trading confirmation and settlement.
Financial services firms have expressed their support for the BIS FX Global Code of Conduct. The first phase of the Global Code of Conduct for the Foreign Exchange Market and principles for adherence to the new standards were released earlier this week by the Bank of International Settlement (BIS) - - and financial services firms are expressing support for the proposals.
Central banks and market participants have welcomed the release of the first phase of the BIS FX Global Code of Conduct. Published on 26 May 2016, the Code outlines acceptable behaviour and best practice for those operating in the FX industry.
The ACI Financial Markets Association, ACI FMA welcomes the release of Phase One of the BIS Global FX Code of Conduct.
Global foreign exchange volume this year will likely remain below the volume in the last authoritative Bank for International Settlements survey in 2013 as the market awaits a new code of conduct.
ACI America The Financial Markets Association, in partnership with Thomson Reuters, will host key central bank and market leaders, at the New York headquarters of Thomson Reuters on May 26th, 2016.
GCC must create globally harmonised laws. Economic experts on Thursday discussed GCC implications of the 'new oil order' and said traders' education is key to solve current market issues.
ACI Denmark announces the timetable for the Education Programme for 2016.
The ACI Dealing Simulation Course had been a cornerstone of the ACI Education platform, and has proven to be very popular with candidates. We welcome ACI FMA National Associations as a participant in the organisation and development of a number of these courses around the world.
We often read about new digital technologies, and how they may significantly enhance (or disrupt) our banking system. One prominent theme is that of block chain technology, often confused directly with BitCoin, an important forerunner. To help with our understanding of these technologies, we have the pleasure of sending you some recent presentations on this subject from ACI Switzerland.
On 28th of May 2016, the XXI Annual Assembly of ACI Macedonia FMA was held in Strumica.
With keynote speech by Deputy Director of the Department of Development of Financial Markets Central Bank of Russia, Alexei Orlov, and a panel discussion about "Actual problems of financial market regulation and technology."
The ACI Briefing is a professional magazine provided to all ACI members.
The ACI Briefing is designed to keep members up to date with developments within ACI, both centrally and regionally, and in the financial markets generally.
London’s leading position as a USD 2.2 trillion hub for FX trading would be harmed by a Brexit, according to poll of currency market professionals.
The e-Forex team at ASPMedia Ltd launched a unique new publication called The Redback Reporter.
The 2nd GCC Financial Markets & Treasury Conference, held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance of the UAE, has opened today in Dubai. The theme of the conference, which runs at the H Hotel Dubai until Friday 22 January, is the direct impact of the 'new oil order' on GCC countries and the anticipated economic implications of the rise of fiscal deficits in the region.